Are there any differences between the Private Equity Stock Exchange and Private Equity Stock Evaluation?
Both web sites contain identical information, but a second web address (URL) was created for US residents based upon a conversation we had with the SEC (before either website was created). The US regulators expressed a position that the use of the term “exchange” was regulated for web sites targeted at US residents. In addition, investors residing in the US are held to the higher standards of the Securities Act of 1933 in order to obtain a password. These include the ability to take risk (accredited individual or qualified institutional buyer) and a pre-existing (a US resident joining on Tuesday can invest in a deal posted on Wednesday but not one posted on Monday) and substantial (must have an investor profile) relationship. Non-US resident investors are held to their local regulatory standards.
